NVIDIA Corp (NASDAQ:NVDA, ETR:NVD) shares rallied almost 5% on Monday after last week’s sell-off following bullish commentary from Citi analysts.
The analysts added Nvidia to their Upside 30 Day Catalyst Watch list ahead of the Special Interest Group on Computer Graphics and Interactive Techniques (SIGGRAPH) 2024 conference being held in Denver from July 28 to August 1.
Is there more to Ryanair Holdings PLC (LSE:RYA)'s disappointing first quarter and weaker-than-expected outlook than fee pressure?
The Budget Irish airline's average fares dropped 15% to €41.93 in the quarter, contrasting sharply with the expected 2% decline.
Mitchells & Butlers PLC (LSE:MAB)'s third-quarter trading statement on Thursday (25 July) offers the potential for more profit upgrades, suggests Peel Hunt.
Having already upgraded its profit forecast for this year by 9% (£15 million) after the half-year numbers, it might do so again if sales can be around the 3-4% growth mark.
Shares in CrowdStrike Holdings Inc (NASDAQ:CRWD) tumbled another 8% in early trading on Monday, down over 18% since the company's technical update led to a worldwide IT meltdown on Friday.
Issues stemming from the mass-scale IT outage issues were reported to be persisting in many corners of the globe on Monday.
Polarean Imaging PLC (AIM:POLX, OTC:PLLWF)'s trade-in agreement to exchange the University of Virginia Health System’s (UVA Health) existing two research hyperpolarisers for two new clinical-grade systems is an encouraging development, Stifel suggests.
Further conversion of existing research polarisers into clinical-grade units remains a key part of the commercial strategy to increase adoption of Xenon MRI in the US market, adds the broker.
British DIY computing pioneer Raspberry Pi (LSE:RPI) shares are a ‘buy’ according Jefferies investment bank, with analyst Janardan Menon talking up the recently-listed share’s growth potential and ESG credentials.
Despite the ‘DIY’ label often attached to Raspberry Pi (LSE:RPI), Menon reckons more sophisticated industrial use will actually provide the real catalysts, along with greater penetration into the device manufacturing market segment.
AFC Energy PLC (AIM:AFC, OTC:AFGYF) has signed a Strategic Supplier Agreement with Zollner Elektronik, which, noted Peel Hunt, is Europe’s largest contract manufacturer of electronic mechanical services with more than 13,000 employees.
The agreement stipulates that the scaled production of each fuel cell module will occur in Zollner’s German facilities outside of Zandt, with the potential for international expansion across multiple continents.
Bluefield Solar Income Fund (LSE:BSIF)’s sale of its 50% stake in a 112-megawatt portfolio of UK solar assets for £70 million in cash will improve the group’s debt profile, Stifel analysts said.
Proceeds from the sale will be used to pay down a portion of Bluefield Solar's revolving credit facility (RCF) debt, which currently stands at £184 million, and long-term amortising debt of £423 million.
Investment bank Jefferies has kicked off its coverage of Sirius Real Estate Limited (LSE:SRE, JSE:SRE, OTC:SRRLF) with a buy rating and bullish price target of 120p, suggesting a potential upside of 26%.
Jefferies highlighted Sirius' income-led operating model and its focus on the mid-market segment comprising branded business spaces across Germany and the UK.